UnknownUnicorn5880076

BTC - Short now, Long from 7600

Short
BITSTAMP:BTCUSD   Bitcoin
The bears are in control for now. Minor upward movement might happen but the trend points to 7600 for now.

Expect to go long from 7600. 7600 would be good point for rentry. (This needs to be re-evaluated once again based on pressure from bears at 7600).

This analysis is based mainly on RSIs.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.